Music Licensing And Your Taxes
Published: Fri, 04/11/08
As I'm typing this email I'm sitting on what is perhaps the most picturesque beach I've ever been on here on the Grand Cayman Island in the Caribbean. I've been here for several days and the scenery is simply breathtaking. I'm writing a ton of songs that I plan on recording and pitching to my publisher when I get back to the states. Why I am telling you this? What does this have to do with licensing your music? Well nothing directly, but I am financing the trip with revenue that I've generated from my music. It's pretty cool to know that you can make money doing something you love! And I'm also writing this trip off on my taxes as my accountant has informed me that if I actually write music while I'm here then I can consider this trip a business trip. Pretty cool.
And by the way, I'm not an accountant but I know that if you are a professional musician and you buy my products you can also deduct the expenses on your tax return. So... if you plan on purchasing one of my programs, or if you've already purchased any of my products, make sure you save your receipt for your tax return.
Based on all the things I've learned over the last five years I've put together a completely comprehensive program on the music licensing business called "The A-Z Of Music Licensing". The program includes a directory of places to send your music, a how to audio program that explains in detail how the business works, an interview with a music licensing industry Heavy Hitter and two other bonus discs. This program also includes personalized one on one coaching with me. I'll help you come up with a game plan that is specific to your situation. This is by far the most comprehensive program I've ever put together and to the best of my knowledge is the only program of it's kind there is. The entire program, with coaching, is less than a hundred dollars. Check it out here !
I also offer my coaching services and many of the products that come in the "A-Z Of Music Licensing" Program separately.
Until Next Time....
Aaron Davison